HTC’s One V is unquestionably the underdog of the current One-series of Androids, with hardware specs that just can’t quite measure-up to the One X or One S. In its favor, it does arrive with all the latest software, including Sense 4.0 and Ice Cream Sandwich. Our review of the phone left us a bit disappointed with its performance, but if you’re more concerned with things like price, it’s still a solidly-built phone for the money. So far, the One V has only been available in the States if you were to import the international version, but we’ve known of plans to bring it to the US sometime this summer. Today a rumor looks to just when that might be, claiming the One V will arrive at Virgin Mobile within the next two weeks.

Supposedly, Virgin will offer the One V for just $200; that’s quite a bit less than the unlocked phone is going for currently on sites like Amazon. In Virgin’s lineup, a $200 price tag would position the handset as slightly more expensive than models like the HTC Wildfire S, while cheaper than the Motorola Triumph. That makes the One V sound like a pretty good deal, as its hardware is more in line with the $280 Triumph than the Wildfire’s.

We wonder if the low out-of-pocket cost and monthly rates as cheap as $35 will be enough to make the One V on Virgin attractive, or if the performance issues we faced will ultimately turn users away.